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Chartist Talk: Where to invest next week? Expert prefers Bank Nifty, realty and midcaps over IT

- Price action suggests Nifty likely to consolidate before rising towards 24,600–24,800 zone
- On monthly timeframe, Bank Nifty remains in a structured uptrend — unlike the Nifty
- Crude remains in a structured downtrend, though intermittent bounces cannot be ruled out

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https://www.moneycontrol.com/news/business/markets/chartist-talk-where-to-invest-next-week-expert-prefers-bank-nifty-realty-and-midcaps-over-it-13972211.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
The rupee weakened further to open 37 paise lower on July 13 after the United States and Iran traded heavy missiles and drone strikes over the weekend, pushing up Brent crude prices to near $80 a barrel, dampening investor sentiment.

Brent crude prices jump at least 3% to trade at $79 a barrel, as the US and Iran intensify missile and drone strikes over the weekend
#USIran | Trump tightens squeeze on Iran: 'Guardian' US to blockade Iranian ports, charge 20% on ships crossing Hormuz

Donald Trump announced a fresh naval blockade of Iranian ports and a 20% charge on cargo transiting the Strait of Hormuz. The move marks a major escalation in the US-Iran conflict and raises fears of fresh disruption to global oil trade.

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https://www.moneycontrol.com/world/trump-tightens-squeeze-on-iran-us-to-blockade-iranian-ports-charge-20-on-ships-crossing-strait-of-hormuz-article-13972841.html
🔔 Closing Bell: 🔻 Sensex sheds 561 pts, Nifty slips below 24,100; broader markets under pressure

Track LIVE updates here 👇
https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-nifty50-share-price-sensex-share-price-crude-fii-gift-nifty-rupee-latest-updates-14-07-2026-liveblog-13973029.html
US President Donald Trump scrapped his proposed 20% "reimbursement fee" on cargo transiting the Strait of Hormuz, saying it would instead be replaced by trade and investment agreements with Gulf states while announcing what he described as a "full blockade" on Iran-linked shipping.

In a post on Truth Social, Trump said the decision followed what he described as "highly productive conversations" with Middle East leaders.

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https://moneycontrol.com/world/trump-withdraws-20-hormuz-cargo-fee-plan-announces-full-blockade-on-iranian-shipping-article-13973917.html